The Block

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The Block

The first and final word in digital assets

KRWQ launches as first Korean won stablecoin on Base
KRWQ is not yet offered to South Korean residents, as local regulations on stablecoin are under development....

Binance.US denies political motive in listing Trump-linked USD1 stablecoin
Binance.US responded to criticism from Sen. Chris Murphy, who alleged its USD1 listing was payback following Trump's pardon of CZ....

MetaMask parent Consensys pursues IPO with JPMorgan and Goldman: Axios
Consensys plans to follow in the footsteps of other crypto firms like Circle and Bullish and launch an initial public offering....

‘Huge number’: Bitwise’s Solana ETF crosses $70 million in volume on second day
The Bitwise Solana Staking ETF's $56 million day-one volume was the most among nearly 850 ETF launches this year....

Mastercard to acquire crypto infrastructure startup Zerohash in deal worth up to $2 billion: Fortune
The deal would extend Mastercard’s crypto reach from payments into the core infrastructure powering stablecoins and tokenization....

Fed cuts rates by quarter point as shutdown data blackout clouds outlook
Lower interest rates typically make traditional investments less attractive, and investors seek higher returns through assets like crypto....

The Daily: Visa adding support for four stablecoins, Bitwise spot Solana ETF sees $69.5 million inflows on debut, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Solana Company adds $20 million in SOL, touts 7% yield as institutional staking funds hit the market
Public firms now hold about 16 million SOL, with corporate treasuries continuing to expand across the ecosystem....

Zcash shielded supply hits 4.5 million ZEC as privacy narrative reignites and token surges 7x
The rising shielded supply suggests growing trust in Zcash's privacy features and improved infrastructure support....